Question: 1. Chapter 4 (Example 4-3) Starbucks Corp is forecasting 2014near the end of2013. The estimatedyear-end financial statements and a worksheet for the forecasts are shown

1. 1. Chapter 4 (Example 4-3) Starbucks Corp is forecasting 2014near the end of2013. The estimatedyear-end financial statements and a worksheet for the forecasts are shown below.+ 1 STARBUCKS CORP PROJECTED INCOME STATEMENT ($000) 2014 Revenue COGS

Chapter 4 (Example 4-3) Starbucks Corp is forecasting 2014near the end of2013. The estimatedyear-end financial statements and a worksheet for the forecasts are shown below.+ 1 STARBUCKS CORP PROJECTED INCOME STATEMENT ($000) 2014 Revenue COGS Gross Margin $300,000 $174.000 $126,000 100.0 58.0 42.0 100.0w Expenses 60,000 20.0 EBIT S66,000 S6.600 S 59,400 S 23.670 $35,640 22.0 2.2 19.8+ 79 11.9+ Interest (10%) EBT Inc Tax (40%) EAT

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